Interesting article in the Chronicle last week by William Strauss and Neil Howe, authors of Generations and Millennials Rising. Title: The High Cost of College: An Increasingly Hard Sell.
Many [Gen-Xers, as parents of college kids] will ask whether student loans are, in fact, "financial aid" or rather just an inducement to enroll — much as car loans are not "car aid" but a mere inducement to buy a car.
Another great quote:
The longstanding assumption about the collegiate earnings premium is due for a high-stakes reassessment in this new era of high tuition, high debt, and parents with a keen eye on the bottom line.